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NovDuring World Investor Week (WIW) 2021, the Securities and Exchange Commission (SEC) has called for financial literacy to protect investors. This was said by the regulator when they rang the bell of the Nigerian Exchange Group’s digital closing gong platform on Monday to commemorate World Investor Week (WIW) 2021. Olu Bolumole, divisional head, listings business, NGX, stated that the stock exchange used the platform to highlight Nigeria’s financial inclusion ambitions, stating that it was at the top of the exchange’s priority. “NGX is pleased to join the Nigerian capital market’s apex regulator, the SEC, and all securities exchanges in Nigeria […]
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AugThe African Development Bank (AFDB) has provided funding to the Securities and Exchange Commission (SEC) to help it develop its regulatory capability, particularly in the areas of investor protection and systemic risk mitigation. The AfDB Group/Capital Markets Development Trust Fund award will be used to fund the implementation and capacity development of a risk-based supervisory system. The project’s main goals, according to the SEC, are to provide technical assistance and capacity building in specific areas of the commission’s operations, to support the implementation of a risk-based supervision framework, to improve the securities markets regulatory environment, and to broaden market instruments.[…]